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Oct 8, 2012
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>> he proposes a 20% across-the- board tax cuts. >> marginal tax rate. >> alternative minimum tax. he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 billion over the next decade. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes? >> vice-president biden just today said that the middle-class over the last of we were years has been ". ." we agree. that means we need to stop digging by electing mitt romney the next president of the united states. >> what did you think, jonathan? >> you talk to a lot of folks in the romney campaign and they say joe biden is the gift that keeps on giving. you saw him pause when he said four years. i think he meant to say the last 10 years, and it came out wrong. this is fodder for the obama campaign. it will not change, i do not think, in a huge way, the course of events, but there is no question the obama campa
>> he proposes a 20% across-the- board tax cuts. >> marginal tax rate. >> alternative minimum tax. he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 billion over the next decade. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their...
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the economy is languishing worse where looking for more tax hikes and four years ago it was zero tax hikes? we have all been hit now we know how the middle-class and people will be affected. obamacare has at least seven pin tax hikes and 30 more on top of that. charles: we discover a couple more every month. [laughter] but i know this bothers you. the vice president throws numbers out there that the rich are getting over $1 trillion from view. that never seems out of left field but resonates better they got tired of talking about millionaires and billionaires. >> i am spectacular the perplexed by joseph biden. at least the is consistent. this is simply incorrect if the administration believes by raising taxes we can get ourselves into solvency, he is simply incorrect. mitt romney talking about the tax issues how to back out of this situation was awesome. >> i don't know if they believe this helps economically with us verses them redressing the wrongs for those who benefited the most until four years ago. >> we have seen this obama's touting the buffer role with the minimum tax for mi
the economy is languishing worse where looking for more tax hikes and four years ago it was zero tax hikes? we have all been hit now we know how the middle-class and people will be affected. obamacare has at least seven pin tax hikes and 30 more on top of that. charles: we discover a couple more every month. [laughter] but i know this bothers you. the vice president throws numbers out there that the rich are getting over $1 trillion from view. that never seems out of left field but resonates...
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Oct 12, 2012
10/12
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KGO
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lower tax rates 20%. we've raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. what we're saying is, deny those loopholes and deductions to higher income taxpayers so that more of their income is taxed, which has a broader -- >> can i transplait? >> here's why i'm saying this. >> i hope i'm going to get time to respond. >> you'll get time. >> we want to work with the congress to help us to achieve this. that means successful. >> no specifics, again. >> what we're saying lower tax rates 20%. start with the wealthy. work with congress. >> you guarantee this math will add up? >> absolutely. six studies have verified this math adds up. >> vice president biden?
lower tax rates 20%. we've raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. what we're saying is, deny those loopholes and deductions to higher income taxpayers so that more of their income is taxed, which has a broader -- >> can i transplait? >> here's why i'm saying this. >> i hope i'm going to get time to respond. >> you'll get time. >> we want to work with the congress to help us to achieve this. that...
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Oct 12, 2012
10/12
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KGO
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this one tax would actually tax about 53% of small business income. it's expected to cost us 710,000
this one tax would actually tax about 53% of small business income. it's expected to cost us 710,000
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Oct 12, 2012
10/12
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KGO
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of the 21 tax increases in obama care, 12 of them hit the middle class. or remember when he said health insurance premiums will go down $2,500 per family per year. they have gone up 3,000.
of the 21 tax increases in obama care, 12 of them hit the middle class. or remember when he said health insurance premiums will go down $2,500 per family per year. they have gone up 3,000.
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Oct 13, 2012
10/12
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FOXNEWSW
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you might want to look at the bush tax cuts. they expire in the end of the year and at the same time hundred worth of spending cuts come n part of the sequestitration cuts that you heard about. i want to put that in perspective. they are slowing into growth spend all is said and done, you will have much more going to government than you do today than in dollar terms. all that hits the fan at the same time you have tax hikes and capitol gains and etscet raand all hitting the fan at the same time. that is a big story. you know and not worried about it or you don't know and the main stream media left you in the dust. and pat buchan an is paying close attention and we always whistle past the grave yards. they say don't worry about it one of the days it may not happen. thelma and lowis may go over the cliff. >> that was a horrible movie. you say that it is more real and possible than we think. >> i think so. let's take the hypothis that barack obama. tax cuts for the millionaires and billionaires will go up to a million dollars. i do
you might want to look at the bush tax cuts. they expire in the end of the year and at the same time hundred worth of spending cuts come n part of the sequestitration cuts that you heard about. i want to put that in perspective. they are slowing into growth spend all is said and done, you will have much more going to government than you do today than in dollar terms. all that hits the fan at the same time you have tax hikes and capitol gains and etscet raand all hitting the fan at the same...
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Oct 12, 2012
10/12
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KGO
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>> it taxes small businesses -- >> i wish -- >> and you're going to increase the defense budget. >> we're not just going to cut the defense budget. >> $2 billion. >> we're talking about -- >> so, no massive defense increase? >> you want to get into defense
>> it taxes small businesses -- >> i wish -- >> and you're going to increase the defense budget. >> we're not just going to cut the defense budget. >> $2 billion. >> we're talking about -- >> so, no massive defense increase? >> you want to get into defense
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Oct 6, 2012
10/12
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WETA
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one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers. however, what romney was saying is that if you take that much from providers, some of them are going to stop taking medicare parents. the trick for him is that paul ryan, his running mate, also assumed the same $716 billion. gwen: and i believe romney's answer to that was i'm the candidate. >> i'm the boss. we're going to put that money back into medicare. gwen: going into these debates we were all probably guilty of setting the expectations bar and it was pretty high for president obama. i think the polls before showed him like 51% thought he was going to win. 29%
one is deficit reduction, one is tax cuts. if tax cuts get in the way, we'll do deficit reduction. gwen: there's another number. $716 million to deal with medicare but it's coming from different places and going to different places and therefore they find -- kind of ended up in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries....
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Oct 14, 2012
10/12
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CSPAN
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to get growth you should not raise taxes. it should lower the tax burden. we need to lower the overall burden if you can. then you need to do the things we talked about here. common sense energy policy. these are the areas that will create a framework that is conducive to growth. if the democrats will not go along, we should not raise taxes. we should lower them. >> what are your personal aspirations in the house? what are your plans? d.c. yourself climbing to the highest rungs of the house tax free do you see yourself climbing to the highest rungs of the house -- do you see yourself climbing to the highest rungs of the house? >> we will worry about those other issues and concerns after the election. i have been saying this. i believe it. we are at one of those historical moment for our country. we will decide to different directions we can go. it is one of those moments of magnitude. we always know the moment to never forget on a personal or family level. big goals you have any accomplish them. sometimes those moments of significant take a broader context.
to get growth you should not raise taxes. it should lower the tax burden. we need to lower the overall burden if you can. then you need to do the things we talked about here. common sense energy policy. these are the areas that will create a framework that is conducive to growth. if the democrats will not go along, we should not raise taxes. we should lower them. >> what are your personal aspirations in the house? what are your plans? d.c. yourself climbing to the highest rungs of the...
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Oct 11, 2012
10/12
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WJLA
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$2,000 while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. let me tell you how i will create 12 million jobs when president obama couldn't. first my energy independence policy means more than three million new jobs. many of them in manufacturing. my tax reform plan to lower rates for the middle class and for small business creates seven million more. and expanding trade, cracking down on china and improving job training takes us to over 12 million new jobs. i'm mitt romney,y, and d i approve is message.
$2,000 while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. let me tell you how i will create 12 million jobs when president obama couldn't. first my energy independence policy means more than three million new jobs. many of them in manufacturing. my tax reform plan to lower rates for the middle class and for small business...
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Oct 14, 2012
10/12
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KBCW
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. >> it is one of those tax measures on the ballot. i think it is important because it is proposed by tom star, a billionaire hedge fund management man, and someone very involved in green energy issues. this is what a lot of people say is an effort to fix loopholes for out-of-state company, requiring them to calculate their california sale's tax based on the percentage of sales they have in california. so, like this amazon that sells lots of stuff in california but is based out of california would have to pay a higher tax. that money would go to clean energy projects. >> there are two other propositions. i don't have time to get into the details too much except they repeal things. prop 34 will end the death penalty and replace it with life with no parole. >> cost. >> the cost, right. >> is that a valid representation. >> tax payers will actually get the -- it has happened. >> and proposition 36 repeals three strikes so people don't end up with some punishment for -- . >> it is just repealing it. you have to committed a invite lent crim
. >> it is one of those tax measures on the ballot. i think it is important because it is proposed by tom star, a billionaire hedge fund management man, and someone very involved in green energy issues. this is what a lot of people say is an effort to fix loopholes for out-of-state company, requiring them to calculate their california sale's tax based on the percentage of sales they have in california. so, like this amazon that sells lots of stuff in california but is based out of...
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Oct 14, 2012
10/12
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FBC
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tax revenues jump. ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of small business america make less than $250,000. others are hedge funds making $600 billion per year that counts as the small business. gerri: hedge fund? the irs says they fall within the household of the top two brackets that the administration wants to raise taxes. and more than half of americans. vice president wants to raise taxes on small business. paul ryan does not. beau biden says the plan worked anybody knows the numbers knows it is not true. the federal deficit on track to hit $1 trillion for the fourth
tax revenues jump. ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of...
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Oct 12, 2012
10/12
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if the president is reelected, we know the taxes will go up. the vice-president said we will raise taxes. >> we are taking, facebook. people have strong opinions, but they are all over the lot. for example -- we'd like to hear what you think it. let's hear next from scott. >> i have expressed my disappointment with the election or with the debate to based on the two people that were discussing. i think there could have been more clarity on the rise in's park on trying to deliver -- on rye and's part on trying to deliver what he was trying to implement. i mentioned before that the joe biden side was a little bit more of a used-car salesman approach. he tried to spell out how he felt about it. he fell to rise and that could have done a lot better. i guess the democrats are thinking the, thank god the they have joe biden tonight. >> next up is a call from vee from florida. >> i really went on vice president joe biden. i just see the experience. i see the sincerity of in his response. i could feel his love for the people. with paul ryan, first of a
if the president is reelected, we know the taxes will go up. the vice-president said we will raise taxes. >> we are taking, facebook. people have strong opinions, but they are all over the lot. for example -- we'd like to hear what you think it. let's hear next from scott. >> i have expressed my disappointment with the election or with the debate to based on the two people that were discussing. i think there could have been more clarity on the rise in's park on trying to deliver --...
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Oct 13, 2012
10/12
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CSPAN
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and then they want to raise taxes. i don't think anyone believes raising taxes creates more jobs. they just don't understand what it takes to get this economy going, and we have a plan. five key elements. paul spoke about them last night. number 1, we are taking full advantage of our oil, coal, natural gas, nuclear, renewables. we will take advantage of our energy, and that will protect and grow energy, jobs, and also manufacturing. there are a lot of manufacturing jobs, including in the glass industry, that use a lot of energy. when energy is less expensive, jobs come back. under president obama, we have lost 600,000 manufacturing jobs. we want to bring jobs back to america. that is number one. number 2, we're going to make trade work for us. we will open up more markets for our goods. but if people cheat like china has cheated, we will stop it. number 3, when training programs that help our people have the skills they need to succeed and i want our school to be giving our kids the kind of education they need for the jobs of tomorrow. that means we have to put our kids first and
and then they want to raise taxes. i don't think anyone believes raising taxes creates more jobs. they just don't understand what it takes to get this economy going, and we have a plan. five key elements. paul spoke about them last night. number 1, we are taking full advantage of our oil, coal, natural gas, nuclear, renewables. we will take advantage of our energy, and that will protect and grow energy, jobs, and also manufacturing. there are a lot of manufacturing jobs, including in the glass...
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Oct 13, 2012
10/12
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FBC
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the tax on the economy. six years of taxpayer dollars and 40 been spent by the government that is the worry. gerri: in your honor we maybe you a full screen of gen -- ben bernanke addis mr. bubble. has the federal reserve chairman live with the bond bubble? is the at fault? >> i believe greenspan grnspan, bernanke part of hoing, now he tries to correct the bond bubble which is the biggest. creating trillions of dollars to buy the blige interfering with the ggest market in e long term. and the day when the market decides we will not listen. gerri: gerry? gerry? [laughter] gerry? i just want to ask you the question you brought up the bond bubble. pc and individual investors buying the blinder directly. what would you say? >> parents had a great article between 50 and 70% that is the definition of a bubble to get yield you just have to realize what you get into. i am buying 23 year bonded duration if we do get a bad market this 78 or 9% will turn to dust quick. gerri: it is dangerous. >> and it is caused by the
the tax on the economy. six years of taxpayer dollars and 40 been spent by the government that is the worry. gerri: in your honor we maybe you a full screen of gen -- ben bernanke addis mr. bubble. has the federal reserve chairman live with the bond bubble? is the at fault? >> i believe greenspan grnspan, bernanke part of hoing, now he tries to correct the bond bubble which is the biggest. creating trillions of dollars to buy the blige interfering with the ggest market in e long term. and...
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Oct 12, 2012
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if your ticket is elected, who will pay more in taxes? who will pay less in taxes? >> middle-class will pay less and people making a million dollars or more will begin to contribute slightly more. the continuation of the bush tax cuts, we are arguing the bush tax cuts for the wealthy should be allowed to expire. $800 billion of that goes to people making a million dollars. we see no justification for those -- they are patriotic americans, they are not suggesting the tax cut. 120,000 families will get an additional $500 billion in tax relief in the next 10 years. their income is an average of $8 million. we want to extend the middle class tax cuts permanently. these guys will not allow us to. we say, let's have a vote. they are holding hostage the middle class tax cut to the super wealthy. all the studies point out will get another $250,000 a year to those 120,000 families and raise taxes for families who are middle income with a child by to $2000 a year. this is unconscionable. there is no need for this. the middle class got knocked on their heels. the great recessi
if your ticket is elected, who will pay more in taxes? who will pay less in taxes? >> middle-class will pay less and people making a million dollars or more will begin to contribute slightly more. the continuation of the bush tax cuts, we are arguing the bush tax cuts for the wealthy should be allowed to expire. $800 billion of that goes to people making a million dollars. we see no justification for those -- they are patriotic americans, they are not suggesting the tax cut. 120,000...
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Oct 14, 2012
10/12
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KRCB
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the tax man is coming to you. >> device for the bench of the beit. >> folks, use your common sense. who do you trust on this? a guy who introduced a bill that would raise its $6,400 a year, knowing it and passing it and romney said he will sign it were me and the president? >> did joe biden stock the romney wave? >> you're going to win? >> yes. >> the washington over benghazi. >> you ask him for the son, you'll get the stars. >> i hope the court rules that a student's race and ethnicity should not apply when applying to university. >> paul ryan got the edge in the vice-presidential debate. and an insnt cbs will give it to joe biden. new york times said it was a debate with clarity and fervor, and the washington post -- the debate gave viewers a real boost. >> medicare and social zuccotti did so much for my own family. we will let jeopardize this -- medicare and social security did so much for my own family. we will not jeopardize this program. >> the bottom line is that ople have to pay more money out of their pocket. >> talking points memo asked the question should obama supporters
the tax man is coming to you. >> device for the bench of the beit. >> folks, use your common sense. who do you trust on this? a guy who introduced a bill that would raise its $6,400 a year, knowing it and passing it and romney said he will sign it were me and the president? >> did joe biden stock the romney wave? >> you're going to win? >> yes. >> the washington over benghazi. >> you ask him for the son, you'll get the stars. >> i hope the court...
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Oct 14, 2012
10/12
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WUSA
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it is a progressive way of taxing. it is most stimulus thing you can do for the economy. >>> i don't get it give me the addition. why is that going to create more wealth? and spread it around? >> that's right. because you will increase the real incomes of the middle class of america. >> why? because they are going to have better jobs? >> no they'll have lower tax rates and less deductions, okay? that is the way it will average out. and they will be willing to spend, the same thing would be true of business. they would lose a lot of their deductions but they'll have lower rates. if you saw the numbers, okay, there is 1 frillian 12 libyan billion dollars that comes out of the tax revenue and 1 trillionian 1 lune hundred billion dollars that comes out of the legislation. >>> the elimination of the loophole, so to speak, the deduction, legitimate deductions, eliminates those. >> what loopholes? >> that takes care of the middle class. that will be spread out. >> revenue neutral. >> not bad. what is wrong with that. >> gover
it is a progressive way of taxing. it is most stimulus thing you can do for the economy. >>> i don't get it give me the addition. why is that going to create more wealth? and spread it around? >> that's right. because you will increase the real incomes of the middle class of america. >> why? because they are going to have better jobs? >> no they'll have lower tax rates and less deductions, okay? that is the way it will average out. and they will be willing to spend,...
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Oct 14, 2012
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FOXNEWS
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10 years. >> there are not enough rich people and small businesses to tax to pay for the pending. next time you hear them say don't worry about. we'll get the wealthy people to pay their fair share watch out, the tax bill is coming to you. >> with us is dan, and collumist bill, and jason riley and washington columist kim strassel. >> he was doing what he was asked to do which is to energize the base. after the debate performance by obama. democrats were worried. but less so after the vice-presidential debate. that was joe biden's concern. >> how did he do that? >> he did that mentioning things that the democrats want the president. the fren percent . autobailout and he served up a lot of red meat. >> what about paul ryan. how did he hold up under the onslaught. >> paul ryan's job was to go in well dollar. everyone knew what was coming. joe biden lambasting him and his job was to go out and meet and refute and call them out on i and generally not put in big errors that dominant the discussion and check the romney campaign and he did do that. >> one of the features of the debate was
10 years. >> there are not enough rich people and small businesses to tax to pay for the pending. next time you hear them say don't worry about. we'll get the wealthy people to pay their fair share watch out, the tax bill is coming to you. >> with us is dan, and collumist bill, and jason riley and washington columist kim strassel. >> he was doing what he was asked to do which is to energize the base. after the debate performance by obama. democrats were worried. but less so...
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Oct 6, 2012
10/12
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FOXNEWS
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they were not taxes of the last four years they are taxes of the future. you have had massive regulation in the last four years and executive orders coming out of the federal government and viserating the congressional man date and letting the bureaucracy run the country and you have lists of them down here of over 900 executive orders and where they are abdicating the responsibility of congress and legislature and giving it to the burrcrats to run the country. it is outrageous. >> what i thought was so interesting about vice-president biden's comments 24 hours before the presidential. but setting up the middle class is effected and that is what mitt romney said middle class is suffer it has been the last four years. >> the economy is suffering under the government intervention. we often times don't think of regulations as being a tax. it is a tax not only on wealth creation but individual freedom and take the credit card act that was regulation and pass , a few years ago and had hoped to help the middle class . it made credit more expensive and difficult
they were not taxes of the last four years they are taxes of the future. you have had massive regulation in the last four years and executive orders coming out of the federal government and viserating the congressional man date and letting the bureaucracy run the country and you have lists of them down here of over 900 executive orders and where they are abdicating the responsibility of congress and legislature and giving it to the burrcrats to run the country. it is outrageous. >> what i...
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Oct 13, 2012
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FOXNEWS
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jerry brown tax cut which was a flat tax rate on everyone. no progressivity and replacing all federal taxes with two flat rate taxes it was not revenue neutral and it had a little bit of positive revenue. i supported that all of the way because of the tremendous boon bye getting rid of the income tax and i think it would have been wonderful. we need to compromise on all of the issues but not until we have a good position. i don't want to compromise before we start the discussion. i think -- >> wait until the election. >> and then sit down with your people. you don't give away your fail back position before you start. >> we'll see. thank you very much. >>> and how the rest of the world, thank you. and how the rest of the world is viewing us and this and the back and forth and dismissing all of not that they are q. in great shape themselves. but we are hardly looking like fiscal jack lalanes. can what is happens over there happen over here? don't laugh and don't dismiss or go away. tdd#: 1-800-345-2550 let's talk about that 401(k) you picked up
jerry brown tax cut which was a flat tax rate on everyone. no progressivity and replacing all federal taxes with two flat rate taxes it was not revenue neutral and it had a little bit of positive revenue. i supported that all of the way because of the tremendous boon bye getting rid of the income tax and i think it would have been wonderful. we need to compromise on all of the issues but not until we have a good position. i don't want to compromise before we start the discussion. i think --...
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Oct 12, 2012
10/12
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WUSA
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ryan, romney tax cut plan. did either side make the case that their tax ideas were better? >> no is the answer. but what kills me is this president extended the tax cuts last year with the rationale that you don't increase taxes during a recession. >> but trying to pin paul ryan down on the specifics of what deductions he would get -- what he would take away to fill in that $5 trillion or whatever it is, and he wouldn't answer the question. >> , first of all, neither side has done that, and the little pbs comment from the last debate led to all sorts of big bird -- what paul ryan and what mitt romney said during the campaign is, when president reagan sat down, it was democratic leadership, everything is on the table. hit's get it done. we both know that, because we've both been there. we've both been part of compromises. >> when you heard him refuse to give any specifics without a win for the democrats. >> i think it's going to be a win for those people who really take it seriously. the fact is, it doesn't add
ryan, romney tax cut plan. did either side make the case that their tax ideas were better? >> no is the answer. but what kills me is this president extended the tax cuts last year with the rationale that you don't increase taxes during a recession. >> but trying to pin paul ryan down on the specifics of what deductions he would get -- what he would take away to fill in that $5 trillion or whatever it is, and he wouldn't answer the question. >> , first of all, neither side has...
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Oct 13, 2012
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WMPT
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taxes, doyle. one of the things they were -- will argue about is who will cut your taxes and raise your taxes. how do we see this play out on the stage at the debate last night? in a way that it mirrors what we've been seeing on the campaign trail? >> well, you had a serious debate over taxes. one of the things i think jeff is absolutely right. that debate between the vice-presidential candidates was about reaffirming the argument of each side's partisan base. if the word "bipartisan" was spoken during that debate, i missed it. gwen: no. it was spoken. but it was spoken by paul ryan. making the case that that's how they can solve problems. >> arguing that it could be bipartisan but paul ryan was actually going back to the republicans' 2010 playbook. where it was all about lower spending and tax cuts. joe biden was sticking to the -- the attack line of the obama campaign which is that mitt romney's tax cuts don't work. he must be hiding some details. he's trying to pull the wool over your isles. gwe
taxes, doyle. one of the things they were -- will argue about is who will cut your taxes and raise your taxes. how do we see this play out on the stage at the debate last night? in a way that it mirrors what we've been seeing on the campaign trail? >> well, you had a serious debate over taxes. one of the things i think jeff is absolutely right. that debate between the vice-presidential candidates was about reaffirming the argument of each side's partisan base. if the word...
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Oct 8, 2012
10/12
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WJLA
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vo: why won't t romney level with us abt his tax plan which gives the wealthyhuge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay ior it. if we can't trt t him here... how could we ever trust him here?
vo: why won't t romney level with us abt his tax plan which gives the wealthyhuge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay ior it. if we can't trt t him here... how could we ever trust him here?
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Oct 14, 2012
10/12
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CNN
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let's talk about taxes. next i'm going to let governor romney explain this for himself. >> well, i've made it pretty clear that my principles are, number one, simplify the code, number two, create incentives for large businesses and small businesses to grow, number 3, don't burden high income taxpayers, and number 4, reduce the burden of tax for middle income people. >> he can do that, we'll have a brand new tax plan. it's bold, but nobody has really done it since reagan. finally, let's look at the deficit. romney is planning to cut more funding than big bird and pbs. his plan is to reduce foreign aid, and one of the biggest cuts, prioritizing amtrak. you may not think that's a big deal, i use amtrak all the time. romney says privatizing it will save $1.2 billion. however he does it, his goal is to reduce government spending to 20% of gdp. gdp is the biggest measure of everything we produce in society, and he wants to that by the end of his first term. right now government spending is at 25% of gdp. let's sh
let's talk about taxes. next i'm going to let governor romney explain this for himself. >> well, i've made it pretty clear that my principles are, number one, simplify the code, number two, create incentives for large businesses and small businesses to grow, number 3, don't burden high income taxpayers, and number 4, reduce the burden of tax for middle income people. >> he can do that, we'll have a brand new tax plan. it's bold, but nobody has really done it since reagan. finally,...
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270
Oct 11, 2012
10/12
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CURRENT
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and the bottom 20% earned only 3.4% of the taxes and paid 2.1% of the taxes. in the end it all evens out. people pay the same percentage of the taxes as they earned of the income. sound pretty darn fair to me, david. no redistribution there. just carrying one's fair share. yet david said he's so frustrated his motivation to work may be destroyed all together because of the current system. he blamed it all on a system that penalizes the productive and gives to the unproductive. but again he is wrong. government has to take from all for the good of all. including for the good of mr. siegel. just one example. westgate's property at the smoky mountain resort and spa in gatlinberg tennessee people go there and pay there siegel a whole lot of money to appreciate the beauty of the great smoky mountains. the first national park in which the federal government spent its own money to wyland. no national park, no resort that people would pay for. you wouldn't want to build a resort there without reliable public and fire system or the road to get there or the system to gi
and the bottom 20% earned only 3.4% of the taxes and paid 2.1% of the taxes. in the end it all evens out. people pay the same percentage of the taxes as they earned of the income. sound pretty darn fair to me, david. no redistribution there. just carrying one's fair share. yet david said he's so frustrated his motivation to work may be destroyed all together because of the current system. he blamed it all on a system that penalizes the productive and gives to the unproductive. but again he is...
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88
Oct 14, 2012
10/12
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WJLA
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he nailed paul ryan a couple of times specificly on the lack of any details on the tax plan. sesecondlyly paul ryan's request fostimulus funds two w written requests. that was one of the few times that paul ryan knew better than to respond. >> what about medicare and social security and up with the middle-class and? >> could be your a all day. at least they had a discussion about the economy as opposed to lalast weekk in the one-sided coersation. something ey should have touched on was immigration and edation. but i think they were guided pretty much by the moderator. i think she did a great job in conducting this. i don't find the debate wanting on substantive issues. >> if you're my age and you are watching this thing and you're worried about m medicare and social security, charles, which of these individuals do believe? >> it depends on who you arere predisposed to believe. joe biden is a new deal liberal. whereas his own president is willing to contemplate, say, raising the retirementt age, joe biden said, no, we will not toucthese things. these things are sacred. everybo
he nailed paul ryan a couple of times specificly on the lack of any details on the tax plan. sesecondlyly paul ryan's request fostimulus funds two w written requests. that was one of the few times that paul ryan knew better than to respond. >> what about medicare and social security and up with the middle-class and? >> could be your a all day. at least they had a discussion about the economy as opposed to lalast weekk in the one-sided coersation. something ey should have touched on...
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our taxes are just too low. we need higher taxes on wealthier people. >> we need jobs. >> there's not going to be a shortage of capital, there's plenty of capital, it's just awash in capital and that's not the problem. >> our problem is not-- is not that taxes are too low, they're not. because if they were lower we'd get more jobs and more revenue, that's exactly what we need, ben, let me tell you something, you raise taxes we're going back-- >> absolutely. i couldn't agree with that more. and the deficit gets with bigger and the deficit gets bigger. >> raise taxes and-- >> we've got, okay, adam. can you break this? what do you think? which side are you on here, a fiscal cliff, how do we address this, higher taxes, lower taxes? >> we won't have a sequester for more than a few days. i can see it happening, but it won't last very long. what we have to have higher taxes. >> no, come on. >> and we know that, we will. >> all right i tell you what-- >> you know what, we'll have double dip recession. >> we may be going
our taxes are just too low. we need higher taxes on wealthier people. >> we need jobs. >> there's not going to be a shortage of capital, there's plenty of capital, it's just awash in capital and that's not the problem. >> our problem is not-- is not that taxes are too low, they're not. because if they were lower we'd get more jobs and more revenue, that's exactly what we need, ben, let me tell you something, you raise taxes we're going back-- >> absolutely. i couldn't...
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261
Oct 10, 2012
10/12
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FOXNEWS
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massive tax officer. >>neil: look forward to seeing youin person tomorrow, in kentucky. thank you very much, sir. nd ic whom n"t five." >>eric: we will look at what is going on in benghazi and the hearings and find out what we knew, who knew what, when, whether there is a coverup, what going on and why we are o no nd oat w h ys t tst pants thg mpletely different. we will look into that. then well turn our tables to some media bias. tomorrow night is the big vice presidential debate. we want to know why it took the "daily calle to ft o waosie orent obama 20 years ago president obama attended her wedding the we will bigg indo -- we will dig into that. neil you talked about business leaders are pushing backrom presidmaolui evnn a j wan mr. otis and head of white castle. we will look at that and have fun with pickinon bl. th wh w attacked for supporting mitt romney, an african-american actress. she stood herround and she doubled down on it and we will talk about that. >>neil: thank you, eric. nd tmbas worried
massive tax officer. >>neil: look forward to seeing youin person tomorrow, in kentucky. thank you very much, sir. nd ic whom n"t five." >>eric: we will look at what is going on in benghazi and the hearings and find out what we knew, who knew what, when, whether there is a coverup, what going on and why we are o no nd oat w h ys t tst pants thg mpletely different. we will look into that. then well turn our tables to some media bias. tomorrow night is the big vice...